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or, if it were president romney working with the other p 5 plus 1 powers to put something on the table that does give iran an incentive. the kind of deal that is strikeable would be one that curtails or eliminates all together the 20% enrichment if it means relief from sanctions. >> woodruff: questions continue, gentlemen we thank you both. robert satloff, paul pillar. thank you. online, margaret warner writes how netanyahu, in setting a red line for iran, was also trying to set another sort of red line for the united states. find her blog post on the rundown. you can see all of the israeli prime minister's address and other highlights of the day on our web site. >> brown: still to come on the "newshour": the terror threat in libya; growing pains for north dakota schools; the campaigns play video games. and the referees go back to work. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: economic data released today painted a fuzzy portrait of how the u.s. economy is faring. jobless claims filed last week hit the lowest level in two months. but t
the fans. one again, 70,000 calls to the nfl. you had the president weighing in on this, mitt romney weighing in about it. there were calls for goodell to resign because he wasn't managing things the way he should have been. it was really the pressure coming in from the fans, from everyone watching nfl to get this done. >> we all know that a deal is not a deal until the signatures are sign. until we design the papers. is it done? as far as we know, is there any chance this could fall through at this point? >> it has to be ratified by the referees association. but all indications are very clear, this is a done deal. and then we'll get back to having the regular refs on the field. as you said at the top, let's see how long the honeymoon lasts. right? a year from now we'll be back to criticizing them again. >> jason carroll, appreciate that. thank you very much. i'm sure everybody is glad we're having this story on this morning. >>> former nfl referee red cashion joins us in the next hour. the nfl asked him to help train the replacement officials. you know what his response was? >> what
tonigalkingbout polls. do you believe them or not? for the romney campaign, the answer seemso be or not. an issue a number of recent battleground s lls tt sh the president ahead by a comfortable margin and tonight, we have new poll inrmatiofor you. the nbc news marist "wall street journal" poll. three more states now going into theobama columnust a few monts ago. new hampshire, nevada and north carolina. in new hampshire, among likely voters, the spread is now seven rgin error is about 3%. in nevada, it is a 2% spread within thegi error. in north carolina, also within the margin of error, but now in favor of president obama. this is a state many people thought that could not happen in given especially the gay marriage debate, but these are the latest numbers we have tonight. obama is now leadinging in the latest polling from all nine battleground states. particularly a problem tonight is florida. the latest cbs poll shows obama ahead by nine points in florida. so, is this true? you may have heard about this. many on the right saying the polls are skewed. they're unfair. here is why republican str
point in the race for president. both president obama and mitt romney have stopped campaigning this weekend instead burrowing into hard-core debate prep cramming their facts and honing their one-liners. it's "your voice, your vote" with just 37 days left until the election. abc's david kerley who usually joins us from washington is here at the desk. good to see you. >> nice to be here. you know, dan, this is a really big debate. this is part performance, part policy. the stakes are always high. but for mitt romney, some are saying it is make or break. and for the president, leading in the polls, it's a matter of not letting his challenger back into the race. president obama travels to nevada this morning where he will spend the next three days in debate camp reportedly at this posh resort in henderson. and he heads into the debate with the latest gallup tracking poll still showing mr. obama holding a lead. this morning it's six points. >> this is the ball game for mitt romney right now because if he doesn't do well in this debate, it's going to be hard for him to get back in th
romney/derian tax plan could call to an end to long for a standing tax codes items. rich edson joins me now with who wins and who loses with the proposed plan. rich: democrats claim this will hit the middle class and cut taxes for wealthy americans. a fox business exclusive republican candidate paul ryan says wealthy americans like mitt romney will pay more. >> here's how it works. higher income people can use lots of tax shelters to shelter their income from taxation. close those tax shelters and more income is subject to taxation which allow us to lower tax rates for everybody. rich: some families and businesses will pay more because there will be fewer deductions. others will pay less with lower rates and in theory it balances out. for who is paying more or less we don't have those details from the romney campaign. they refuse to say how much the deductions they have to curb or even many to accomplish their goal. a senate source tells us the supercommittee discussed a rate cut and preliminary assumption show the cost of $1 trillion over ten years. congress has not officially run thos
romney, how much is that playing into what we'ree hearing about this and other issues? >> i don't think what the prime minister did yesterday had any, but i think people seem to discard the importance of personal relations. in a politics and international relations or even national affairs, not love affairs and not all about rumors. at the same time personal relations come and all you have to do to have this brought home to you is remember the very bad relations between president roosevelt in the second world war, a very great extent america's decision to enter the war, to help the united kingdom because of the disdain and distrust between those two leaders. i believe personal relationships to count and i hope whoever the next resident i is, relations between him and the prime minister of israel will be as they always were. warm, trustful, genuine and ones of great strategic alliance. connell: thank you very much for coming into the studio today. appreciate it. thanks. dagen: vast majority of americans believe everyone should pay some federal income tax, but is a fix for that a sure los
. romney: "it's time to stand up with to the cheaters"ter... vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> live pictures there. this is the united nations general assembly. that is the new egyptian president mohammed morsi. he is addressing world leaders there. he has a lot on his place. he has a lot to account for where are his new president, he is of the muslim brotherhood. he has ho to show that he is in control and power of the situation there in light of a lot of unrest in that bafr the world. >>> the drawdown from afghanistan has been happening in phases, as we know, with thousands of american troops now finally coming home. well, the ultimate goal is for afghan forces to take full control of their own security by 2014. cnn's anna corin is looking at one facet of
romney speaking of the clinton global initiative in new york was in the traditional form of american aid economic assistance are outdated in the global economy and what is really needed is trade. he has proposed a new trade organization. regardless of the specific proposal he had, what about this question of -- what exact forms of assistance are helpful? economic grants, loans, technical assistance? are we talking about free trade agreement, investment? what kind of engagement are most likely to help and descanting democracies bring about the kind of economic progress that is likely to buttress the political transition and allow them to move forward? >> during my time as secretary, we always recognize that trade is more important than aid. anything we can do to enhance trade. the principal duty of our embassies was to see if they could complete trade deals between companies in american markets over there and companies there and market here in the united states. so trade is essential. i would focus as much energy as i could on trade. at the same time, there are things you have to do befor
mitt romney by two points, 49% to 47%. but in two of the biggest swing states, the states that will decide the election, the president has a bigger lead. in florida, a quinnipiac university/cbs news/"new york times" poll has the president ahead by nine points, 53% to 44%. in ohio he leads governor romney by ten points, 53% to 43%. john dickerson is our cbs news political director. john, some republicans are complaining these polls aren't painting an accurate picture. do they have a case? >> reporter: well, they have a case when they remind us that polls are a snapshot in time and that things can change. really what we should look at in polls is the trends and how things are moving over time, the currents. and right now those favor barack obama. the polls are really more like a painting than they are a digital photograph. one of the other complaints is that pollsters are talking to too many democrats. in 2004 democrats said pollsters were talking to too many republicans. it's a standard complaint for the party that the currents are moving against. >> pelley: john, why is th
is also here in new york city set to speak to the u.n. tomorrow. today, governor mitt romney went after the president for calling recent violence in the middle east and north africa bumps in the road. >> this is time for the president who will shape events in the middle east, not just be merciful or be at membersy of the events of the middle east. i will get america on track to have the kind of leadership we need so we can save for the future of this part of the world and keep america strong. >> republicans are also criticizing the president for not meeting one-on-one with any world leaders this week. last year, he was here for the same thing. he met with more than a dozen. so what's the difference this time? we'll hear from the white house inside fox report. first, we're getting new signs that the big banks in our country have not stopped nickel and diming customers in recent years. you probably knew that listen to this. free checking accounts have actually suddenly become a lot harder to find. take a look here. a new survey from personal finance research firm bank rate shows that just
to the upcoming election. there's such a divergence of opinion between president obama and senator romney, where they want to take the country and what direction it would be. i think corporations are just holding back cash. i think individuals are holding back cash too. we're seeing less investment in the marketplace. if we're going see the fiscal cliff, which i'm sure we'll talk about throughout the day, but if we're going to see the bush tax cuts roll off, we're talking about dividends going up significantly. right now you cannot get any yield. everyone is chasing yield. you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are talking about that we'll see more in the early parts of novembe
on tape trying to register only mitt romney supporters. take a look. >> hi. >> i am polling people, but would you vote for romney or obama. >> wait. i thought you were registering voters a minute ago. >> okay. >> i am. >> who are you registered? all voters? >> i'm actually trying to register people for a particular party because we're out here in support of romney actually. >> and who's paying you for this? >> oh -- let me see. we're working for the county clerk's office. >> okay. you cannot come out here and register one party, lady. are you working for the county clerk's office? i've got it all on tape. you're working on the county clerk's office? >> i believe so yes. >> you're only registering romney's people? >> we're trying to. >> and you're working for the county's office? what's your name. >> she said she was working for the county clerk's office but the county clerk said that's not true. he also said my office will not engage in partisan voter renl station, although he asked asking a preferential question before registering is not illegal now, cnn has not been able to confi
mitt romney each campaign thursday in the hotly contested battleground state of virginia. both candidates attempted to court virginia's large population of military voters. in an address in the military town of virginia beach, obama called for what he termed "economic patriotism." >> during the campaign season you hear a lot about patriotism. well, you know what? it is time for an economic patriotism. in economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> mitt romney spoke at an american legion hall in springfield, virginia, not far from the pentagon. romney criticized obama over potential defense cuts and vowed to maintain u.s. military power. >> we're going to make sure to restore the principles this nation was built upon a freedom and opportunity and restore our economy and put people back to work, get rising take-home pay again. we're going to make sure we of the military that a second to none. i will do those things. i look forward to being able to keep the station strong. i make that commitment to you. i nee
us know. >> mitt romney's tax rate was 14% and gave $4 million to charity to boot. did he pay his fair share? tax returns hurting the run for the presidency? the senior economic writer steven moore joins us this hour. >> time for stocks as we do every 15 minutes. nicole is standing by. nicole, stocks going to the downside here. >> that's right. last week, by the end of the week, felt like we went nowhere fast, but today is a clear picture. in the red all dang long. dow is one quarter of 1%. the nasdaq down three quarters of 1%. there is pressure here coming along with a stronger dollar. we had a weaker euroowe. the german business confidence numbers weaker again. that does not bode well. as far as the european picture, but at the same time, we have the business activity index in that rose. i know you'll delve into this, but we're talking about apple's iphone5 selling 5 million units this weekend. that blows it out of the park compared to the prior iphone4 release setting its own record by what we saw this weekend, but there were analysts expecting 8 million sales and 5 million is
romney are pitching to college students and working-class voters in ohio today less than a week before early voting kicks off in the critical midwestern states. >> from the plant's three stops in major papaw's in areas as well as president obama. losing in ohio would dramatically narrow promise path to that 270 number that he needs for electorial college votes to win. >> americans may not be that crazy about president obamas health care law but they do not see is going away anytime soon. americans think the overall will go fully with some changes rairanging--the big expansion for the uninsured does not come to 2014. >> we have much more straight ahead when we come back. >> we are back some world news president mahmoud ahmadinejad is set to address a general assembly today. he accused the united states of bullying and dominating. as the president takes the stage he may not have much of an audience as many world leaders are expected to walk out in protest when he takes the podium. mary ann hopkins has the report. >> this will likely be mount mauna that the jobs last year in a speech. pre
exclusive interview. rich? >> reporter: well, david and liz, the questions surrounding the romney/ryan campaign now is basically why they're not doing any better. you've got a weakened president, eight percent plus unemployment, and you see the president beginning to show momentum here in the key state of ohio, down in florida. ryan basically tells fox business that eventually voters will start to see how bad the economy is, and they'll begin to come around to romney and ryan. we also spoke about taxes, more specifically, governor mitt romney's taxes and his 14.1% effective tax rate. ryan says under their new tax plan that governor romney would actually end up paying more. ♪ >> our pro-growth tax reforms are to lower tax rates for everybody by plugging loopholes starting with people like mitt romney -- >> reporter: so he would pay more? >> yeah. here's how it works. higher income people can use lots of tax shelters to shelter some of their income from taxation. close those tax shelters, more of their income is subject to taxation, that allows us to lower tax rates for everybody.
what i understand ifrom mitt romney, he doesn't believe in any care. my husband has high blood pressure. he was not a mechanic ever insurance we went to, and he could not pass the physical. the insurance company would not injure him. i tried to buy him insurance. as soon as he said he was employed independent, nobody would injure him. that is my big issue. when people have worked their whole lives and they get sick, we should be able to buy insurance. host: dr. makary, what role -- and if you want to address her specific point, that is fine, but what role do the insurance companies play in this unaccountableness, as you call it? guest: we have had no good ways to measure the quality of health care. the insurance companies have been eager to get into the business of looking at performance and use it as a way to pay hospitals and doctors. the problem is, we have not had a good measure until now. there is a very exciting revolution taking place in medical care now. it is in medicare website, hospital compare, and it has ratings for hospitals, patient satisfaction scores to my information o
a little bit over-bought. not that i think romney is going to win, but i think there's some opportunity here. > > i have to disagree with you, and i really do, because i think the price is efficient, i think obama being 75% is the ultimate sign of crowdsourcing together. you can't say one's overvalued, one's undervalued. > > if you look at the chart, the chart would have broken the trend line at 40 for romney. markets often come back to their break-out point, so- > > i'm just saying it's the ultimate source for crowdsourcing. undervalued, overvalued, we'll find out in a few weeks. > > it is what it is. > > yes. > > round two: oil spill. crude oil has dropped around 10%. where is the outrage? people are so angry when those speculators step in and move oil to the upside. now that it's moving down, where are they? > > you know, as much as i dislike all the kind of high- frequency trading out there, it's funny that you hear nothing about speculation at all. we need speculators. that's probably another thing we can agree on. you need speculation in the market. we don't hear anything about it
house, mitt romney and president obama are working to win the hearts and minds of voters. or american voters in the key swing states. america remains a 50-50 nation, split between republicans and democrats. the atmosphere has become so poisonous that the kind of bipartisan politics necessary to make government function are often missing. our correspondent reports from florida. >> the clips and the glamour, the ever-changing landscape of the miami skyline. for many americans, miami, but avian, too gleaming and in 2012, all eyes are on this state. >> florida matters, that is what we are going to be told over and over again. 29 votes. it is a big state that could make all of the difference between obama and romney. all of that is true. but who cares? or to put it more precisely, are we missing the bigger picture for florida and the rest of the united states? which is that this country has become ungovernable. its politics are poisonous. miami dade colleges the biggest in the nation. 175,000 students. all of them called on the streets in this massive voter registration drive which comes a
and mitt romney, they're look for the red line on iran. how far does iran have to go before the u.s. would get involved militarily. the president says it's a difference of opinion between the israelis and the united states. the united states has sard, i'm not going to let iran get the bomb. the president said, if they go assemble a nuclear weapon, that is a red line for me. president netanyahu says iran cannot have the no-how and technology. that's a red line for him. it's a difference of opinion. the prime minister is looking for the president to inch up on that line. i think the president made it clear he's not going to tolerate iran with a nuclear weapon. he dubt want to give iran wiggle room. doesn't want to show iran how far it has to go. >> you talk about setting a red line. you're talking about a potential strike or something militarily. that clearly raises a whole different set of discussions. the president also talked about the violent protests in arab countries over what he described at the crude and disgusting antimuslim video. what was the message he was trying to send to count
addressed claims advanced by mitt romney. and each candidate's weakness just six weeks to election day. >>> well it's no longer just a sports story. the lock out of nfl referees has now captured the attention of presidents both current and former. plus labor groups are also weighing in. they said that the dispute highlight it is need for qualified workers. matt keller live in campbell and he tells us folks there are still talking about that confusing conclusion to yesterday's monday night football game. matt-- >> reporter: frank the garrett restaurant here is filled with sports fan and most if not all agree that something needs to be done about the nfl's replacement officials. >> reporter: this is the call during the packers-seahawks game that people are saying are the worse in nfl history. the different officials made different calls. the packers lost 14-12. >> terrible way to end the game. >> the whole confusion was just, unbelievable. >> reporter: sports fever in campbell turned into sports anger for one young packers fan. >> if they don't make it to the play offs because of one gam
. >>> and larry kudlow will give us his take on the president and romney's aappearances on "60 minutes" last night. that's coming up in the next hour. >>> first, though, apple selling millions of iphone 5s over the weekend. jon fortt is live in san jose with what the real number is. there's some disagreement about that this morning. >> reporter: there is. 5 million is the number of iphone 5s when one prominent apple analyst had been looking for 6 million to 10 million. that 5 million compares to 5 million a year to go to the 4s. this doesn't count preordered ich 5s that were shipped but that weren't signed for. if your phone arrived over the weekend but is waiting for you to pick it up, that doesn't count. it doesn't count the 2 m phones ordered the first day but that won't get delivered until today or later. it's too soon to gauge exactly what this means for demand. piper jaffray estimated last week that lines has been 30% longer than they were for the 4s. a couple of other tidbits, the check of about 20 stores over the weekend showed that they were short of iphones. so there might have been quit
candidates mitt romney and president barack obama is next wednesday october 3rd. jim leher moderates from the university of denver. starting at 7:00 followed by the domestic policy debate and your reaction, follow our live coverage on c-span, c-span radio and online at c-span.org. >> fordham university hosted a discussion on the jewish vote over the weekend. among the speakers, former new york city mayor ed koch who supports president obama. this is an hour and 40 minutes. >> we're here again from the wineman institute in connection to this conference dedicated to the 2012 presidential election and the way it's being shaped by the memory of the holocaust and the politics of israel. we can find no two more interesting people to discuss this topic for many, many reasons. first a former three-term mayor of new york city ed koch. [applause] people forget -- i do not, but people forget that mayor koch actually started as a congressman. so the discussion that we're talking about is not merely about his days as mayor but also he too has run for congress and know what is that means to be in washi
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to follow-up on that, which plan, do you think it's problematic for the economy at this point to have taxes
a chance, we'll bring you any market moving news as we get it. mitt romney campaigns in the philadelphia area today which a republican hasn't won in nearly 25 years. pennsylvania, that is. president obama sticks close to washington today, though, with three fund-raising events. both men were in virginia yesterday catering to the state's strong u.s. military and defense industry presence. mary jo is still with us. is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind and yet he won the election by nine points. >> what do you think will be that catalyst for swinging things in mitt romney's favor? >> a strong debate by mitt romney. there are three of them coming
% that we heard about this week. governor romney, in some remarks that were taped at a fundraiser earlier this year, talked about how there's 47% of the country that does not pay federal income tax. he said that they believe they are victims who believe the government has a responsibility to care for them, who believe they are entitled to health care, to food, to housing, you name it. governor kaine, there's over a million virginians who fall into the category of not paying a federal income tax, part of that 47%. what would you do about that? do you think that should change? and what do you think more generally about whether too many virginians, too many americans by extension are too dependent on government for basic needs in their lifesome. kaine: david, i heard those statements, and i -- you can say something off the cuff that you regret, but i really deeply disagree with the sentiment expressed by governor romney. i don't meet virginians who think they're victims, and the notion that they need to have people take personal responsibility for them is, frankly, con desending and divisive
, on "closing bell." we'll have also romney's biggest donors ahead on "power lunch," so stay tuned. >> that is a cruel tease, robert. i cannot believe you're going to make us wait for "closing bell" until number one. >> what's great is you're going to be surprised who that is. you'll also have a lot of surprises on the republican list. when i did this reporting, i thought i knew who those donors were, but i didn't. so got to stay tuned for later. >> another great tease. robert, good to see you. >>> billionaire boss. the surprising results of new research into the success and failure rates for venture backed start-ups. stick around to see them. >>> also retailers trying to avoid going the way of dinosaur. which stores are most likely to end up on our "squawk on the street" engaged species list. that's straight ahead. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above,
prediction numbers show wall street spending president obama will easily win reelection. mitt romney, 75% to 25%. wall street is buzzing about the next obama treasury secretary. charlie gasparino -- we will talk about -- charlie: regular raffs screw up all the time too. i like roger goodell. we won't go there. let's talk about wall street. we should check out so people understand these numbers wall street is heavily supported according to the latest data. 75 to 25 with financial institutions and executives going to the latest. that changes when it looks like one side is winning and it looks like obama is winning. the next batch of numbers could be different but as of right now i snapshot. they want romney to win. is a different dynamic. in trade is the prediction. wall street guys and traders betting on who would win. they are betting overwhelmingly that obama is going to win and when you talk to people, and what is coming next. who is going to be primary regulators and the person calling shot? federal reserve, big-name for wall street, the primary regulator and banks and they play a big
on housing? >> lennar and kb homes. david: appreciate it. all right, well, mitt romney's been accused of being a little light on specifics, but we just got the specifics of a plan he is likely to lay out that could totally revamp our tax code. the taxes that you pay. exclusive details from our team in washington. >>> also, take a look at this. look, ma, no hands. there's nobody driving that car, folks. one state is closer than ever to making the self-driving car a reality. people are shaking their head no, they can't believe it in studio. will you? we'll give you the details straight ahead. ♪ 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other n
point lead over mitt romney pennsylvania and none poured lead in florida a 10 portly did all higher. it's an ohio that hold canada campaigning today. president obama's spoke at the united nations and both candid spoke separately of the clinton global initiative in the work. >>> a nuclear arms for ron is not a challenge shechem be contained. it would threaten the elimination of israel the security of both nations and the stability of the global economy. >>> a lot of americans including myself are troubled by developments in the middle east. syria has witnessed the killing of tens of thousands of people the president of egypt is a member of the muslim brotherhood. our ambassador to libya was assassinated in a terrorist attack. >>> both candidates are expected to focus on the hot-button issue among voters the state of the economy. >>> running president is said to address the u.n. assembly today. on watt and this have been in the assembly all week long. >>> americans have repeatedly said that a dealer rally in government must change. changes behavior. sure but after all the what does that m
romney were campaigning in the same state. yesterday it was ohio. today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to hav
facing a 20 billion euro shortfall. >>> and mitt romney and president obama disagree over israel ramping up the rhetoric. >> and foxconn shuts down a northern chinese factory after a brawl involving 2,000 workers. >>> germany's sentiment index falls, and the mood continuing to u.s. futures. closing in on the start of the trading day, dow jones implied to open lower by more than 35 points. nasdaq and s&p 500 also looking to shed their gains, as well. take a look now at the cnbc ftse global 300. down a third of a% in light of that data which hit just about an hour ago. european markets she the ftse 100 down 0.4%. xetra dax this one in focus this morning, that's down 0.6%. cac 40 down almost 1% this morning. this ahead of a key budget unveiling. ibex 35 not benefiting from the risk off attitude. down 1.6%. >> and i think the ifo number, we had a better pmi out of germany last week, so the expectations it would hold up and it didn't. but it is worth pointing out 50% of the responses were taken before the constitutional court ruling in germany. quite a lot of paper being issued by italy this
romney's comment comments for you. the president will make two stops in ohio today this is the 15th visit to ohio for both candidates. new polls as mont morning one showing the president with a 10% bandage. the other within 8 percent advantage. >> new this morning park side elementary in san mateo will hold a safety meeting with parents after the attempted abduction abduction of a nine year-old child from campus this week. we're about an hour away from that meeting is expected to start. >> the school starts at age 10 and we expect to see some students and their parents are arriving here shortly. there are some staff members that the party started to arrive at her side elementary. there was an attempted abduction on friday with a suspect was in custody right now. there was a student from our side that was attempted to be affected. the police chief from san mateo decided to call a meeting at 830 to take questions and talk about some new procedures at the elementary school. we had a chance to talk with the assistant superintendent from the school district this morning. she talked about why t
's presidential candidates continue to trade bashes over who is tougher on beijing. mitt romney says he'll label it as a china manipulate directory while obama accuses of profiting from jobs september overseas. >>> japan continues to take a hard line in its territorial dispute. let's go to the nikkei following the story for us. >> yes, prime minister noda is sticking to a hard line that japan will not compromise over its territorial issue dispute with china. in a speech to the urn and press conference yesterday, he stressed the islands are an integral part of japan and the issue should be settled under international law. but china reacted by saying china has broken international law. meanwhile the tensions continue to damage china related businesses. cancellations for flights to and from china have reached 40,000 seats. and production cuts are in china. >> stay there for one second. another story that we're following as relations between japan and china aren't going so well, japan may be getting companyier with myanmar. is that right? >> yes. the japanese government is teams up with myanmar's pu
, are you looking at different scenarios if the president wins re-election versus a romney win? how are you playing that? >> well, number one, i don't think anybody's going to have a landslide. i think that the possibility of change is going to be very close in terms of the presidency of the house and the senate. it will be interesting. we don't see any gigantic changes. if that's the case, then i think that there will have to be deals made and we'll get back to business. >> all right, david -- >> it's not sustainable. >> right. >> david, how do you disagree with bill? he's got that rosy scenario. you don't. >> i don't. $800 billion bill coming due in the first quarter. it won't be that much. it might be $200 billion. nevertheless, that's going to slow down real u.s. gdp growth from 2% to less than 2% in the first half of 2013. that's going to have an impact on earnings. i might like what's happening on an individual company basis, but this fiscal cliff is simply just not the right remedy for the u.s. economy and profits to grow above expectations. it's all on the back of the fed. we've see
post" abc news poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voters, obama hold as five point lead, but 52% of them are being a stros swi acrosses swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month.
romney each spent wednesday campaigning in the battleground state of ohio, a key prize in the battle to win the november election. both candidates appealed to voters by attacking the other's record on china, with romney saying he will stop the country from taking u.s. jobs. >> one of the nations that has cheated over the years has been china. they have artificially held down the value of their currency. by doing that, the prices of their products are artificially low. when the prices are low and compete with our manufacturers, our guys go out of business and lose jobs. one thing i will do from day one is labelled china a currency manipulator. they must not steal jobs in unfair ways. >> romley's comments come days after his tax returns showed his trust has invested in a chinese will company doing business with iran. president obama criticized his comments on china. >> he said he is going to take the fight to the chinese. he will go after these cheaters. i have got to admit, that message is better than what he has actually done. it sounds better than talking about all the years he spen
assembly. in half an hour, mitt romney is that the clinton global initiative. after that, a discussion of relations between the u.s. and pakistan. >> watched and engage with c- span, including our live debate preview starting at 7:00. post-debate, your reaction and comments. follow our live coverage on c- span, c-span radio, and c- span.org. >> president obama's speech to the u.n. general assembly include comment on the video that sparked protests in the muslim world, iran's nuclear program, and violence in syria. this is half an hour. >> i have the honor to welcome to the united nations his excellency, barack obama, president of the united states of america. >> mr. president, mr. secretary general, fellow delegates, ladies and gentleman, i would like to begin today by telling you about an american named chris stevens. chris was born in a town called grass valley, california, the son of a lawyer and a musician. as a young man, chris joined the peace corps, and taught english in morocco. and he came to love and respect the people of north africa and the middle east. he would carry that
discussed would offer opportunities for governor romney or president obama to score political points. and what that argument might sound like on these issues. is there any chance that either of them will try to do something like this? >> i think it would be a reference back. because the economy takes all the oxygen out of the election with a little bit of foreign affairs, the supreme court does not play against undecided voters. it is a motivator to get out and get to the polls. you want this person to replace justice ginsberg when she retires for example. you want to know if there's any practical experience, and the obama at the lustration has declined to defend the defense of marriage act. present romney might decide he would defend the constitutionality of that statute. it does seem like that has a lot of salience and presidential debates. i.t. think it will not happen. here is why. no major national political figure has attacked as publicly since 1996 or before. it is remarkable. the republicans were seeing some political profit in attacking affirmative action given the polls. th
). they still want their pensions. it is a damn good part-time job. mitt romney's energy plan leads to the whole debate over who should control drilling and mining. the state or the federal government? >> it is part of governor romney's energy plan. it will remove federal control over energy production. this is a sensitive issue in the western part of the country. unlike places like oil rich north dakota where the state businesses run the most things -- companies must go through an extensive permitting process that can take months to years. the romney plan changes the timeline. it speeds it up. it gives them more power to work with regulators. something industry argues could be good for everyone. >> protect resources and still produce energy. the amount of impact we are talking about is very very little. >> it is shortsighted because all it focuses on our giveaway to big oil campaign supporters. it is not big about what our energy mix needs to be five, 20, 50 years into the future where we have to make sure we have nonpolluting sources of energy like wind, solar and other forms of renewable ener
. >> and this is important with romney saying he's not being tough enough on iran. and the papers this morning have a peace symbol. very potent particularly on this day in the jewish calendar. >>> shares of caterpillar are down this morning due to concerns about the global economy. and specifically capital expenditure from commodity producers. what does cat's warning mean for global investors? let's go trade in the globe. tim seymour is joining us from asset management and founder of the mergemoney.com. what does it mean? >> well, if you look at what caterpillar said in 2012, it is different than 2011 when they said the world is a wash in demand. they were concerned about meeting capacity. yesterday they were really saying and pointing squarely at dealers in china and even in latin america where they think there's an inventory overhang they need to work through. the bottom line is they are saying the world is moderately better. that we're going to see somewhat tempered but real global growth. and i think to go out and sell miners here on the back of what caterpillar says is cautious. if you listen to what
romney saying if you get sick, you should just go to the e.r. that is the same rhetoric that scott walker used in attacking the teachers and the firefighters and public workers in wisconsin. we are hearing this all across the american landscape painting forbes magazine put out its report about the incredible disparities that exist in this country. the growth of wealth for the 1%. it is just more of that rhetoric. roger goodell makes $20 million of your. he does not need a pension payment this is one o. >> the lingerie football league clamming if fired several officiating crews. >> yes. i am going to guess the majority of listeners do not know what that is. they are better off for it. the lingerie football league, several of its referees are matriculated in the nfl making calls. there is a gap in the rule book. these same referees have been fired for incompetence which says something about the product on the field. this is such corporate arrogance. this would be like coca-cola saying we do not need to carbonate are so that any more. >> 10 seconds. concussions? >> this risk their health and
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
on this stock? >>> and a shocking new study may prove mitt romney was right when he said a large number of americans need to take personal responsibility of their lives. it's all ahead on the "closing bell." ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. sleep train's inventory clearance sale is ending soon. save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. get 2 years interest-free financing on tempur-pedic. even get free delivery! sleep train stacks the savings high to keep the prices low. but hurry, the inventory cl
very very close. but romney is going to win it in a close race. >> thank you very much, mike dewine state attorney general, former state for. >>> it doesn't happen very often. it did today. the ceo of the biggest company in the usa said i'm sorry. >>> and you'll never guess where the next victoria's secret underwear store is going. hmm. more power in two. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason you. we know you. we know you have to rise early... and work late, with not enough sleep in between. how you sometimes need to get over to that exit, like, right now. and how things aren't... just about you anymore. introducing the all-new, smart-sensing... h
want. >> it is a formidable thing. let me say this. first of all mr. romney said he embraces some aspects. not that many but some. second i think the healthiest thing to come out of this, whatever the results of the election, is that these two leaders and parties really get to work together. if we get to work together and ask those of us in the field to help, we can cut costs and improve quality. david: dr. herbert partis, presbyterian hospital. you do herculean labor. liz: great stuff. it appears the fcc, the federal communications starting to back away from all the indecency complaints after a series of courts smackdowns. could more riskier programing be on wait, more four-letter words? stay tuned. ♪ [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. f
action until a new administration comes in, either romney or barack obama in the second term. secondly, the administration has been certainly cautious about a sort of intervention, military intervention in syria. libya and syria are apples and oranges that they are quite different. libya was isolated regionally and internationally in a way that syria is not. it has the support of her rant, support russia as well as other countries that complicate the regional level and international level. finally, there've been calls to record the safe havens. i'm not a military expert, but everyone i console say that requires a no-fly zone. syria has mr. advanced and sophisticated system provided by the russians that libya did not have. there'll be much more difficult and dangerous for an assertive u.s. coalition coalition to go when in terms of military intervention to create safe havens, establish no-fly zones. even in libya it was nec and syria again is just a much more difficult situation militarily. >> host: the title of your book, "syria: the fall of the house of assad," why that title? >> gues
hopping back on the campaign trail. romney will also be speaking in new york. >> he's getting some criticism for his schedule in meetings. in any case, stick around because still to come, bowing out of investment banking. the future is looking bleak for rbs. >>> meredith whitney says banks have been behind the curve in terms of downsizing and employees are paying for it now. >> if you think about all the other industries that have gotten more competitive, more profitable, the banking sector and insurance sector have been laggards behind it and they employ a lot of people. so they'll see significant layoffs. interesting for goldman, they're cutting all of their highest paid people. so it's not a great time. i think the industry is as bad as i've seen it. >> so how bad is it going to get? joining us for more is bank equity research and european banking editor. welcome to you both. do you agree with meredith whitney, is it as bad as you've seen it and are there a lot more job cuts to come? >> yeah, i think it's pretty bad. i think it all kind of centers around what's going on with the
the society. it then becomes the coin toss. do we like mr. romney? we like mr. obama? do we prefer republicans to democrats? is the system cannot be debated, because everybody agrees the two parties will there be focused elsewhere on things like whether you can have a gun in the back of your truck or whether you do or do not approve of gay marriage, or a whole host of other issues whose importance i am not disputing, but issues get us away from this thorny problem of how economics and politics are articulate and there's a desire to sit in a society that that simply be ruled out of order. >> the five corporations that dominate what people in this country see here and read have perfected the art of propaganda in manufacturing consent while simultaneously criticizing dissent. but i want you to talk about the very origin of this, which could be traced to the much revered and in my view, much overrated founding fathers of any political rally. people talk about them in hushed tones. but let's hear what they have to say about these kinds of issues. james madison, who wrote the federalist papers, prin
an election number. i think that if romney were able to capitalize off something he could capitalize what is obviously a deceleration in the economy and in the election. >> when we come back we're just minutes away from another data point. this is going to be breaking news on consumer sentiment followed by something we've all been waiting for. >>> coming up how many stocks can you talk about and how fast can you do it? see if you can do it better than cramer. six stocks in 60 seconds. when "squawk on the street" returns. ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when
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